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Nonprofit · EIN 84-2682708

DREAM CENTER SPRINGFIELD INC NFP

Tax-exempt · SPRINGFIELD, IL 62707

Financials

$323K$240K2023
Revenue Expenses · by fiscal year end
Financials of DREAM CENTER SPRINGFIELD INC NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$322,970$239,813$83,157$433,781$0$433,781
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$316,025
Program service revenue
$0
Investment income
$1,445
Net rental income
$5,500
Other revenue
$5,500

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,310
Other salaries and wages
$36,904
Salaries, compensation and benefits (total)
$139,099
Professional fundraising fees
$0
Travel
$5,770
Depreciation
$8,994
Program services (functional)
$179,366
Management and general (functional)
$60,447

Balance sheet and other

Total assets, start of year
$350,624
Total assets, end of year
$433,781
Total liabilities, end of year
$0
Net assets, end of year
$433,781
Land, buildings and equipment
$181,716
Net assets without donor restrictions
$433,781
Gross receipts
$322,970
Employees
11
Volunteers
15
Year formed
2019
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Sara SchaferCOO
Officer
40$76,925
Jill KochExecutive Director
Officer
40$15,385
Eric HansenPresident
Trustee or director
5$0
Hannah SchaferSecretary/Treasurer
Trustee or director
5$0
Cheryl HansenDirector
Trustee or director
5$0
John KingDirector
Trustee or director
5$0
Aaron DearmanDirector
Trustee or director
5$0

Address and contacts

Address (IRS master file)
365 WALNUT GLEN DR, SPRINGFIELD, IL 62707-2705
In care of
% ERIC A HANSEN
Mailing address (990-N for 2021)
1500 N 5th St, Springfield IL 62702
Principal officer (990 for 2023)
Sara Schafer, 1480 N 5th Street, Springfield, IL 62702
Principal officer (990-N for 2021)
Eric Hansen, 1500 N 5th St, Springfield IL 62702
Signed the 990
Sara Schafer, COO
Phone
(217) 685-9375
Return prepared by
ECK SCHAFER & PUNKE LLP

Mission

Dream Center Springfield mission is to implement hands-on and integrated learning to advance educational and occupational aspirations of participants. After school program for grades 1-12 include tutoring, activities and classes. Evening trade classes for adults are also offered.

990 for the year ended December 31, 2023

Program accomplishments

  • Serve as educational resource center through hands-on classes and activities for participants both young and old to advance their edcuational and occupational aspirations.
    Expenses $179,366

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2682708
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X99)
Assets (IRS master file)
$433,781
Income (IRS master file)
$322,970

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$322,970$239,813$433,781XML
990December 2022$371,319$23,221$350,624IRS
990-N for 2021
Officer: Eric Hansen
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Eric Hansen
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2682708).

Questions about DREAM CENTER SPRINGFIELD INC NFP

What is the EIN of DREAM CENTER SPRINGFIELD INC NFP?
The employer identification number (EIN) of DREAM CENTER SPRINGFIELD INC NFP is 84-2682708.
Is DREAM CENTER SPRINGFIELD INC NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to DREAM CENTER SPRINGFIELD INC NFP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DREAM CENTER SPRINGFIELD INC NFP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DREAM CENTER SPRINGFIELD INC NFP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DREAM CENTER SPRINGFIELD INC NFP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of DREAM CENTER SPRINGFIELD INC NFP?
The 990 for the year ended December 31, 2023 names Sara Schafer.
Who are the officers and directors of DREAM CENTER SPRINGFIELD INC NFP?
The 990 for the year ended December 31, 2023 lists 7 people; 2 received compensation from the organization, the highest $76,925 (Sara Schafer, COO).
How much revenue does DREAM CENTER SPRINGFIELD INC NFP have?
On its 990 for the year ended December 31, 2023 it reported revenue of $322,970, expenses of $239,813 and total assets of $433,781 at year end.

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